10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
CKX Lands's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was -27.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CKX Lands's 10-Year ROIIC % or its related term are showing as below:
CKX's 10-Year ROIIC % is ranked worse than 87.55% of 948
companies
in the Oil & Gas industry
Industry Median: 5.015
vs CKX: -27.11
CKX Lands 10-Year ROIIC % Historical Data
The historical data trend for CKX Lands's 10-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of CKX Lands's 10-Year ROIIC %
For the Oil & Gas E&P subindustry, CKX Lands's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CKX Lands's 10-Year ROIIC % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CKX Lands's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CKX Lands's 10-Year ROIIC % falls into.
CKX Lands 10-Year ROIIC % Calculation
CKX Lands's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
CKX Lands (AMEX:CKX) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
CKX Lands 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of CKX Lands's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber. CKX has small royalty interests in approximately 20 different producing oil and gas fields.
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